Answer:
The correct answer is have a low value-to-weight ratio.
Explanation:
Products that have low weight-value ratios (for example, coal, iron ore, bauxite and sand) also have low storage costs but high movement costs as a percentage of their sales price. Inventory management costs are calculated as a ration of the value of the product. Low product value means low storage cost, since inventory management costs are the dominant factor in storage cost. When the value of the product is low, transport costs represent a high proportion of the sale price.
Consequently, companies that deal with products of low value for weight frequently try to negotiate more favorable transport rates; rates are generally lower for raw materials than for finished products of the same weight.
Answer:
Attached is the complete questions containing the missing variables:
The activity rates for each activity are stated thus:
Cutting activity rate =$24/cutting hour
Assembly activity rate =$40/ assembly hour
Inspecting activity rate =$20/ inspecting hour
Reworking activity rate=$75/reworking hour
Explanation:
Cutting activity rate =$225600/(4000+5400)=$24/cutting hour
Assembly activity rate =$300000/(2850+4650)=$40/ assembly hour
Inspecting activity rate=$67500/(945+2430)=$20/ inspecting hour
Reworking activity rate=$45000/(150+450)=$75/reworking hour
Obviously you did not include the overheads incurred for each activity in your question,but I have the overhead for each activity in the attached full question with which I computed the required overhead activity rates
Answer:
D. No seller can influence the price of the product
Explanation:
A perfect market for competition is a market which has a high level of competition.
It has the following features-
1. With regard to the market, knowledge is perfect in this rivalry between producer and consumer.
2. Free entry, and exit
3. Deals with same or homogeneous products
4. The buyers and sellers are more in this market
5. There is no transport cost
Moreover, the average revenue and the marginal revenue are equal.
So, the correct option is D.
Answer:an amount of money a bank charges for the use of an account.
Explanation:
When someone charges you money for them to do something it is called a service fee